Argentina recorded a historic trade surplus of nearly US$14 billion in the first half of the year, propelled by increased exports and reduced imports compared to the same timeframe last year, notwithstanding a decline in the trade balance for June. On Monday, the statistics institute INDEC announced a trade surplus for June exceeding US$2 billion, … Read more
Elon Musk and Javier Milei met in February of 2025. More than a year later, the President remarked, somewhat humorously, that he had requested the businessman to present him with a Tesla, but that Musk had overlooked the appeal. Perhaps next spring, Argentina’s head of state will witness some of those luxurious, innovative cars traversing … Read more
Canada aims to finalise a free trade agreement with Mercosur by year-end, as it endeavours to broaden its trading relationships beyond the United States, stated Foreign Minister Anita Anand during her visit to Brazil on Tuesday. In 2025, in the context of the United States’ tariff offensive, Canada and the Mercosur bloc, which includes Argentina, … Read more
The first new facility of this kind to be approved by Pampa Energia SA in over 25 years is a 2.7 billion US dollar urea fertiliser factory on the Atlantic coast of Argentina. Although Argentina has lately prioritised oil production from its prolific Vaca Muerta shale deposit due to its ease of transportation and export, … Read more
Argentina’s Neuquén Province is set to present to foreign investors in New York its inaugural international bond issuance in almost ten years, as the local government capitalises on the benefits of a shale oil boom, according to two individuals with direct knowledge of the situation. Provincial officials are set to embark on an investor roadshow … Read more
What commenced as a robust week for Argentine assets on Wall Street experienced a decline in momentum during the final two trading sessions. Most Argentine companies listed in New York experienced declines on Friday, with notable drops in Mercado Libre (-2.35%), Telecom Argentina (-1.43%), and Cresud SACIF (-1.38%). Meanwhile, the country risk index compiled by … Read more
Stewart Wheeler, the Canadian ambassador to Argentina, said that negotiations are underway to update a 1992 agreement between the two nations to safeguard and promote investments. The objective is to draw in investments in the mining sector, which President Javier Milei views as vital for economic expansion and in which the North American nation possesses … Read more
Tether has invested US$20 million in Argentine digital bank Ualá, thereby deepening its commitment across Latin America as the issuer of the world’s largest stablecoin expands its presence beyond digital assets. The investment constitutes a segment of Ualá’s US$197-million funding round disclosed in March, which the company intends to utilise for growth acceleration and the … Read more
The administration of President Javier Milei was pleased to hear that June saw the first monthly inflation rate in Argentina to fall below two percent since August 2025. The most recent numbers provided by the INDEC national statistics department on Tuesday showed a 1.9% increase in prices for June, providing Milei and his staff with … Read more
Argentina’s June inflation fell to 1.9%, according to a study released on Tuesday by the National Institute of Statistics and Censuses. This figure represents the third consecutive decline, following April’s 2.6% and May’s 2.1%. Furthermore, this marks the first occasion in ten months that the inflation rate has dipped below the 2% threshold. It represents … Read more